Jefferies gives 'Buy' rating to 3 realty stocks, includes DLF

Global brokerage Jefferies has reaffirmed its 'Buy' rating to three real estate developer stocks. These are Godrej Properties, DLF and Macrotech Developers. Jefferies said these remain its top picks in the Indian real estate market due to their strong launch pipeline and market positioning. Residential property sales saw a resurgence in October, as per Jefferies.